RRL regis resources limited

Anyone have any thoughts on EVN. Up almost 10% on acquisition...

  1. 698 Posts.
    lightbulb Created with Sketch. 110
    Anyone have any thoughts on EVN. Up almost 10% on acquisition news. But resource seems very underwhelming, 1g/tonne copper, 0.5g/tonnne gold. Paid a bit over 1 billion for it through debt most due via a 400 mill balloon payment due in 6 or so years.. Am I missing something. Tropicana deal got hammered but looks like a better resource. I know market likes debt better than dilution but still. Also timing I guess. Tropicana was done when people though gold was crashing, this deal done while gold is heading higher.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$4.39
Change
-0.105(2.34%)
Mkt cap ! $3.335B
Open High Low Value Volume
$4.47 $4.53 $4.38 $10.78M 2.419M

Buyers (Bids)

No. Vol. Price($)
26 31134 $4.38
 

Sellers (Offers)

Price($) Vol. No.
$4.39 27903 45
View Market Depth
Last trade - 15.35pm 27/06/2025 (20 minute delay) ?
RRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.